If you’re looking to remove old negative items from your credit report, a Goodwill Letter is what you may need. Using goodwill letters, you can request your creditor or collection agency to remove negative listings purely out of goodwill. For instance, if you’ve made late payments due to hardship but have been a good customer [...]
A wage assignment is where you request your employer to deduct a certain amount of your wages in order for you to make payments to a third party or creditor. If you no longer want your creditor to use the wage assignment, you need to send him a Revoke Wage Assignment Letter. Given below is [...]
If you’re in financial problems, you may need to contact your creditors and request an alternative payment plan. This is when a letter to contact creditors can help you.
Letter to contact creditors for reduced payment plan
Your Name
Your Address
Your Phone#
Creditor’s Name
Department
Creditor’s Address
Date
Dear Creditor,
Re: Account Number__________
This letter is to make you aware of my current financial problem [...]
If you have a past due payment or delinquent account, try negotiating an alternative payment plan with your creditor. This is when you’ll need a “letter to request creditor for alternative payment plan”. You’ll find a sample format of such a letter as given below.
Letter to request creditor for alternative payment plan
Your Name
Your Address
Your Phone#
Creditor’s [...]
